What Are the Two Characteristics That Differentiate Private Goods from Public

question 130

Multiple Choice

What are the two characteristics that differentiate private goods from public goods?

• A)rivalry and excludability
• B)negative externality and positive externality
• C)marginal cost and marginal benefit
• D)ownership and usage

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Definitions:

Apathetic

Displaying or feeling indifference or a lack of enthusiasm or concern.

Mutual-Regulation Model

A theory in developmental psychology that describes how infants and caregivers communicate and respond to each other's emotional cues and needs.

Tronick

A researcher known for his work on child development, especially in the area of emotional and social development.

Separation Anxiety

Distress shown by someone, typically an infant, when a familiar caregiver leaves.